March 26, 2020

The gold market is being tested like never before

Worldwide panic over the coronavirus outbreak and a flood of stimulus by central banks has ignited demand for one of humanity’s oldest methods of storing wealth.

March 26, 2020

CME’s new contract no quick fix for gold market turmoil, traders say

CME said it would announce the launch date for the new contracts this week.

March 26, 2020

Barrick unveils 10-year plan to become world’s most valued gold miner

The strategy sees it boosting production to 5 million ounces of gold a year, with the bulk coming from its North American operations.

March 25, 2020

China Jan-Feb rare earth magnet exports fall 4.2% as virus curbs shipments

Overall rare earth exports down 17.3% in January and February from a year earlier.

March 25, 2020

China’s first iron ore futures ETF raises $11m ahead of Friday debut

The ETF will track the Dalian Commodity Exchange iron ore futures index and use its closing price on March 20 as a benchmark.

March 25, 2020

Centamin operations in Egypt unchanged

The gold miner has postponed publication of its full year 2019 results for a minimum of two weeks.

March 25, 2020

Teranga confirms Q1 guidance, exploration continues

First quarter output is likely to be between the expected 85,000 to 90,000 ounces.

March 25, 2020

World’s rich struggle to get hold of gold in ‘crazy’ moment

People are now taking a no-frills approach when it comes to gold purchases.

March 25, 2020

Coronavirus may prevent Codelco from re-gaining world’s top copper miner spot

Delays in upgrades and expansion projects due to measures to stop the spread of covid-19 will negatively tip the scale, say experts.

March 25, 2020

Mining in Ecuador halted as govt issues orders to stay home

The novel coronavirus has now reached the country's Galapagos Islands, a UNESCO World Heritage site.